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analyst jim walsh joins me here in a very chilly boston at this hour. gentlemen, we've been talking about this, you know, off and on this evening about the fbi. whether they dropped the ball. and a lot of monday morning quarterbacking going on. lou, to you in new york. it's too soon to tell, but there was certainly -- the fbi will certainly have to answer some questions after the older brother took a trip to russia and no one really followed up on that, lou. >> yes, i agree with you, don. i think there are some questions that need to be answered in the proper forum. i do think director muller and administrators of the fbi that had knowledge of the heads up they received from the russian government, sfb, their intelligence group, they'll have to explain exactly what transpired here and answer as to why they did or didn't do things. >> jim, it is bloelieved, everye has said they believe the brothers acted alone. is it too soon to tell? considering as much firepower they had and how some people thought they planned this out. >> yes. >> could there be someone else out there? >> i'm glad you a
torrential rains hit the area. a swollen river is forcing evacuations and road closures in some areas. jim spellman is live in peoria, illino illinois. it looks bad where you are. that water seems pretty high. >> about 14 feet above where it normally is right now, fredricka. this is the illinois river. it goes right through the heart of peoria, illinois. this building, the historic river station trying to keep dry. they're pumping out rooms in there. you can see people here are doing everything they can to try to prepare for another two feet or so of water. here in downtown peoria along the waterfront, they have erected this sort of handmade levy. sand bags over walls. they predict the water is going to get to just about here. if their predictions are right, they're hoping most of the businesses here are going to be okay. if their predictions are off, if any more rain comes or is higher than they predict, it will be trouble for the businesses. we were up in neighboring peoria heights, illinois. several businesses under water there. with 2 more feet to go in that part of illinois, there's g
and jim cramer. >> good morning, jim. >> lots to talk about. we account talk about boston and the impact on the market. i would love to hear your view on the psychology there, but also coca cola there. goldman sachs, j&j, we had good numbers. >> coca-cola doesn't have to say anything positive and people absolutely lap it up as they've done for all of the consumer products company and everies single one whereas, goldman sachs they just put a single boilerplate line about what everybody knows which is the macro environment and you're supposed to throw the stock out. i think that is a mistake, and i think the book value is for real. j & j is blessed. he's making it better. j & j and coca-cola, andrew, after boston, hey, you what? i'm take them. it's after boston. boston signifies the psychological terror that people feel when they buy anything other than what's in the supermarket. >> we were talking, i think in the 6:00 hour about sort of is this going to be a major psychological shift that people have come out and says not only a huge tragedy, but it will change the way people think about
. coming up, a closer look at the stocks on the move ahead of the opening bell. we'll check in with jim cramer coming up next when we return. revolutionizing an industry can be a tough act to follow, but at xerox we've embraced a new role. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousands of companies simplify how work gets done. how's that for an encore? with xerox, you're ready for real business. >>> welcome back to "squawk box." jim cramer joins us fro the new york stock exchange. good to see you, my friend. i need to know two things from you. how do you feel about yahoo and marisa meyer and someone was comparing this to jcp. >> oh, please! >> i wanted to get your view and then i want to know what you think about bank of america. >> first of all, i like what meyer is doing. >> the big problem at yahoo is a big culture, and i also like the idea of no more jumpe
in meteorologist chad myers and jim spellman. this flooding, widespread there. >> reporter: it's amazing how intense the rain was and how quickly some of these neighbors flooded. you mention almost seven inches of rain in 24 hours, they get three inches of rain on average in the month of april in the chicago area. too much for the ground to take. i'm on the edge of it, a foot from the deepest part. much worse inside the homes. i got a chance to go inside this home, there's a refrigerator and freezer bobbing, three or feet of water, but they could get another inch of rain here later today and into the evening. with the ground this saturated, that could be more flooding for these low-lying areas like elm hurst, john? >> more water they simply don't need, thanks, jim. >> chad myers, people there want to know when this is going to stop. tell us. >> it's been a tremendous amount of rain. i haven't seen training like this in a long time, but it does end tonight, brooke, to answer your question. it's like a train. think about a train on a train track, one car goes directly over where the other car
for the markets and today, more big swings, michelle. >> let's break it down. joining us is jim mcdonald from northern trust global investments. this week, overall, so far, looks pretty negative. you went into the year very positive. you still positive, despite these two big sell-offs this week? >> we are. i think what's happened today, for example, we've gotten a one-two punch over concerns between european credit and also some worries about the global growth environment. we think we may have a little bit of a pause here, but we're going to see continued growth through the year. it will be rewarded by take risk in the stock market. >> why? >> because with growth keeping up and inflation being under control, monetary policy is going to stay very easy, and we see that as being something that's going to lead to equity returns being positive. >> you have to admit, we've had a very good first quarter, 10% gains for most of the averages, 15% at the most extreme. aren't we due for a correction of some kind? >> well, we could absolutely have a pause here and a small correction wouldn't be off the re
's jim acosta just recently spoke to vice president joe biden. let's briefly check in with him. jim, what did the vice president say? >> we caught up with vice president joe biden as he was heading into an event to honor former congressional staffer gabe zimmerman, the staffer gunned down in the shooting that also wounded former congressman gabrielle giffords in tucson. that event is going on now. the vice president is speaking right now. as he was heading into that event, we threw a quick question at mr. biden about the events up in boston, what, if anything, he knows about the investigation. and he acknowledged that the government at this point doesn't have any hard information as he called it in this case. here is what he had to say. >> mr. vice president, any comment on what is happening in boston right now? >> we're going to get to the bottom of this. we don't have any hard information yet, but i can assure you we will find out who did it and bring them to justice. >> no sense as to whether this is domestic or foreign-based. >> not yet. >> and you can hear there as the vice president
your bank of america stock or selling it? here to discuss this, jim senegal, financial services analyst from "morningstar". thank you for joining us. what do you think of the report in the first place? banks manipulate the numbers for instance, moving loan-loss reserves over to the balance sheet. other banks have done that. can we believe numbers and are banks worse perhaps than we believe with bank of america? >> bank of america did release some reserves. that is something all the banks are doing. it is something i don't think a lot of investors look at. there is some help to the bottom line there. other than that it was a pretty clean quarter, asking considering all of the unusual charges for bank of america has had in the past few years. i think the problem is, the earnings really aren't anything to get excited about. even though bank of america's problems are receding into the past they're still not making a lot of money and a lot of that has to do with the macroeconomic environment. adam: when you talk about problems receding into the past, the big problem would be countrywide. i t
. >> now the man you saw standing next to steve, his name is jim. he actually was a trauma nurse in iraq for 18 months. and he said all of those skills that he learned in iraq he used yesterday in boston. john? >> they treated scores of people. they saved, no doubt, scores of people. but they also, elizabeth, watched people die. >> they did. they did watch people die. and so steve who we just heard from, he told me the story one of the first patients he worked on was a young woman. he remembers her, blonde hair, blue eyes, maybe about 20 years old. sh came in and, you know, her leg was broken. her abdomen was open due to the explosion. she wasn't breathing. they gave her cpr. they tried over and over again. they just didn't have a pulse. he said when they were treating her after she passed away, they looked around for some kind of identification in her pockets but he said as far as he knew they just didn't know -- still couldn't figure out who she was. >> so sad. as we said, there are a number of people still in the hospital this morning. 17 in critical condition, 20 in serious condition
Search Results 0 to 10 of about 11 (some duplicates have been removed)

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